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do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz will join us. >>> congresswoman gabby giffords will come face to face with the shooter who nearly took her life and the lives of 11 others. >>> why are we waiting on florida once again? we're going to talk to debbie wasserman schultz about her home state. president obama reelected. what should be the first thing on his agenda? . ♪ 99 bushels of wheat on the farm...99 bushels of wheat! ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat on the farm. 45 bushels of wheat! ♪ ...all morning l
do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz...
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Nov 9, 2012
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john boehner has his own base. i always struck chuck last night, john boehner comes out in that interview and talks about immigration reform. watch tweeter, afterwards. steve king from iowa, john fleming from louisiana. house conservatives. i talked to staffers, they said they don't represent the house but you give them attention. when they go to twitter and tee off in the minutes after their speakers talks about immigration reform. >> steve king is already making noises about running for the tom harkin seat. is harkin retiring? we don't know for sure. that's been the long assumption. big opportunity for republicans midterm. iowa on top of the ticket. >> abs lieuly. >> already we know that there's going to be a real republican primary. mitch mcconnell and john corbin basically went about this in a placate the base, contindon't, know, disrupt this. and it failed. now, they're not getting blame and i'm surprised. >> here's the deal. in 2010 they did get involved in a lot of places. >> they tried. >> they tried. most
john boehner has his own base. i always struck chuck last night, john boehner comes out in that interview and talks about immigration reform. watch tweeter, afterwards. steve king from iowa, john fleming from louisiana. house conservatives. i talked to staffers, they said they don't represent the house but you give them attention. when they go to twitter and tee off in the minutes after their speakers talks about immigration reform. >> steve king is already making noises about running for...
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boehner signaling he may be ready for a deal. so conservatives are warning while the president does not have to face the voters again, congressional democrats will in two years. tax hikes could come back to haunt them. >> i think he is going to require increase in tax rate on wealthy. that is his downfall. that is just makes no sense whatsoever. the wealthy are the people who hire everyone else. you can't love jobs and hate job creators. >> white house officials note the president campaigned on raising taxes and he won so he thinks he can sell it to the congressional democrats. meanwhile, the white house officials tonight say he will make the first post-election statement at the white house. tomorrow afternoon, talk about the economy, fiscal cliff. it doesn't look like he will take questions, not a full scale. post election news conference, though. it may be coming soon. >> bret: we'll cover it live on fox. thanks. what is the most pressing issue right now for president? let me know on twitter. follow me. @bretbaier. we kept you
boehner signaling he may be ready for a deal. so conservatives are warning while the president does not have to face the voters again, congressional democrats will in two years. tax hikes could come back to haunt them. >> i think he is going to require increase in tax rate on wealthy. that is his downfall. that is just makes no sense whatsoever. the wealthy are the people who hire everyone else. you can't love jobs and hate job creators. >> white house officials note the president...
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i think john boehner and barack obama said this has to be a balanced approach. balance is in the eye of beholder in terms of how much of each part of it goes into the final deal. >> susan. >> you know, there's one way that president obama could deal with these questions about specificity, and that's to take some questions from reporters and answer them. this is really unusual for a president just re-elected to come out and talk to the reporters by reading a statement, being surrounded by supporters behind him, and not take questions from the press. you remember there were famous press conferences by president george w. bush when he was re-elected and bill clinton and ronald reagan when he was re-elected. the president can deal with the market's concerns about whether he needs to reach a deal by doing that. >> let me reiterate what we were talking about earlier this hour, you all in particular have been discussing and looking at cabinet decisions. we have reported that there has been conversation about the future of david petraeus. that he was, according to all r
i think john boehner and barack obama said this has to be a balanced approach. balance is in the eye of beholder in terms of how much of each part of it goes into the final deal. >> susan. >> you know, there's one way that president obama could deal with these questions about specificity, and that's to take some questions from reporters and answer them. this is really unusual for a president just re-elected to come out and talk to the reporters by reading a statement, being...
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Nov 15, 2012
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listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there are hearings going on all over capitol hill and then probably will continue to be. they think it all should be streamlined into one committee, but, suzanne, using the term watergate, using the term coverup, saying what did he know, when did he know it, talking about the president, not exactly a way to get bipartisan support for something that, you know, democrats clearly don't want. it is absolutely -- you mentioned at the beginning, very, very tense, particularly between these two old rivals, john mccain and president obama. >> not the way to bite -- get the bipartisanship going. okay, dana. thank you. >> san
listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there...
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you hear house speaker john boehner talk about finding new revenue through tax rerecall to. i think they will get down something to put off the fiscal cliff and put off sequestration cuts. as for broad outlines of tax reform i don't think we'll know that for months to come. jon: i herd an interesting statement from senate majority leader harry reid yesterday. he said you can push us push us, and push us and we'll be accommodating but you have to compromise. as if to say republicans or the house members, house republicans are the ones who need to compromise in the upcoming legislative session? >> well, i'll tell you house republicans feel of two mind right now. they actually don't want to have a middle class tax hike on their shoulders if the president calls the bluff and let he is all of the tax cuts expire because republicans wouldn't raise taxes on the top brackets. they don't want that on their heads. they think that would be damaging to them politically. they're looking 2014 where they want to take back majority in the senate and consolidate their majority in the house.
you hear house speaker john boehner talk about finding new revenue through tax rerecall to. i think they will get down something to put off the fiscal cliff and put off sequestration cuts. as for broad outlines of tax reform i don't think we'll know that for months to come. jon: i herd an interesting statement from senate majority leader harry reid yesterday. he said you can push us push us, and push us and we'll be accommodating but you have to compromise. as if to say republicans or the house...
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Nov 12, 2012
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julian, this is what house speaker john boehner told politico the day before the election about whether president obama has a mandate on this issue. listen, our majority is going to get re-elected, we'll have as much of a mandate as he will to not raise taxes. what do you say to mr. boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority -- we won the popular vote if you add up the house races as well. look, i think it's in both parties' interest to avoid the fiscal cliff. neither of them want it for a whole host of reasons, including it will be damaging to the economy. we learned recently that president obama in august of 2011 was kind of ready to do a nixon g
julian, this is what house speaker john boehner told politico the day before the election about whether president obama has a mandate on this issue. listen, our majority is going to get re-elected, we'll have as much of a mandate as he will to not raise taxes. what do you say to mr. boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that...
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so they look ahead, they see 2010 and think if taxes do go up for the middle class, it will be john boehner, and the republicans to take the blame. >> well, that may be but who is it going to play that kind of bluffing game with the debt ceiling because that's when you really risk tremendous market reactions and peril. i know you talked about david petraeus, and the whole foreign policy issue last night on charlie, martha, but do you-- t me ask you again, do you take seriously the notion that john kerry could be defense secretary? >> i think that was a trial balloon. >> you do? >> i 19, clearly both of those stories were trial balloons. president obama, obviously, took it a little further, quite a bit further today talking about susan rice. it was no longer a trial balloon. but i think john kerry-- you know, is that a consolation prize? i think he's probably always wanted to be secretary of state. i'm not sure how that would go over at the pentagon. i mean, when you talk abo someon goi into-- as secretary of state, who maybe doesn't have the experience that some people want. i think on the
so they look ahead, they see 2010 and think if taxes do go up for the middle class, it will be john boehner, and the republicans to take the blame. >> well, that may be but who is it going to play that kind of bluffing game with the debt ceiling because that's when you really risk tremendous market reactions and peril. i know you talked about david petraeus, and the whole foreign policy issue last night on charlie, martha, but do you-- t me ask you again, do you take seriously the notion...
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Nov 14, 2012
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john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and concluded i think incorrectly that there is a huge amount of resources. i think that is untrue. >> a dozen of ceos meet with the president and a couple of hours from now after the president's news conference at 1:30. a number of these executives have been to the white house before. members of the export council, jobs council, ceo of of ge, tao, ford, also say what the white house on the different councils in some form or another. cheryl: we will be taken the tae news conference from the president lives and the ceo will have something to chew on afterwards. thank you very much. dennis: might get a little awkwa
john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and...
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Nov 13, 2012
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but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is actually our debt. we need to get this spending under control and get people back to work. >> i want to talk about this issue of taxes and tax rates and get you to respond to something from not exactly someone who is known as a liberal thinker here. take a listen. >> it won't kill the country if we raise tax as little bit on millionaires. it really won't, i don't think. i don't know why republicans don't take obama's offer to freeze taxes for everyone below $250,000. make it $500,000, make it a million. the republican party is going to defend a bunch of millionaires, half of w
but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is...
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we will start with harry reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a republican majority. if there was a mandate, it is a mandate for us to find a way to work together on the solutions to the challenges we all face as a nation. my message today is not one of confrontation, but one of conviction. mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. we want you to lead as president of the united states of america. we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's do the right thing together for our country. host: ron, you are up
we will start with harry reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a...
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rather, can john boehner, i like the term herd cats in a wheel barrow in this one? >> if he's determined to do so, i think he can. the key here is mitch mcconnell in the senate. he's up for re-election in 2014. he is the key. both for president obama and for the house majority leader boehner. mitch mcconnell at least in public he tendses to look at president obama like a hitchhiker with pets or something. he doesn't want anything to do with him. if he continues to hold it, his first statement election night after president obama won, to say the least not very generous. >> not quite bipartisan. >> if mcconnell holds to that line, then big trouble for the obama agenda and for what boehner and others hoped to accomplish and big trouble for the country. some things you feel congress is so out of touch, i don't know how they could be after this election but, you know, there's out of date as these belt and slacks men used to wear. >> the metaphors are beautiful. >> belts and slacks. >> i love it. >> but i actually think there is a lot of truth there, which is they have th
rather, can john boehner, i like the term herd cats in a wheel barrow in this one? >> if he's determined to do so, i think he can. the key here is mitch mcconnell in the senate. he's up for re-election in 2014. he is the key. both for president obama and for the house majority leader boehner. mitch mcconnell at least in public he tendses to look at president obama like a hitchhiker with pets or something. he doesn't want anything to do with him. if he continues to hold it, his first...
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house speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world. >> national journal reports wisconsin congressman and former vp hopeful paul ryan will remain house budget committee chairman after being granted a gop waiver to avoid being term limited out of that spot. >>> senate majority leader harry reid lashed out at massachusetts senator scott brown mocking brown's calls for bipartisanship as a joke, describing brown as one of the most partisan senators ever to serve. >>> we now know which political office may be sought by another member of the bush family, george p. bush. his father, former florida governor jeb bush, confirms in a letter to potential donors that
house speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world....
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john boehner will do things a little bit differently. we had some major conflict between john boehner and eric cantor. that her what a lot were trying to do. we talk to republicans who were frustrated by that. there is tension between the members, tension between staff. at one point they had to have a press conference or they put their arms around each other. that shows you the needed to show it. maybe some people did not buy it. this time we are hearing the staffs are working better and the members are doing better. they came up with a game plan because they have to be united. they actually have to lead the republican congress. they have to turn it round. host: christian science monitor -- here is your headline. let's listen to what harry reid had to say yesterday. [video clip] >> it is better to dance than to fight. it is better to work together. everything does not have to be a fight. that is the way it has been the past couple of years. everybody should comprehend, especially my senate friends, legislation is the art of compromise an
john boehner will do things a little bit differently. we had some major conflict between john boehner and eric cantor. that her what a lot were trying to do. we talk to republicans who were frustrated by that. there is tension between the members, tension between staff. at one point they had to have a press conference or they put their arms around each other. that shows you the needed to show it. maybe some people did not buy it. this time we are hearing the staffs are working better and the...
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he needs a way to say he is going to get more revenue, and john boehner needs a fig leaf too. he can't raise taxes, he needs to say i'm raising revenue, and i'm not raising taxes, they get a deal and do some sort of tax reform in 2013. >> jennifer: very interesting. thank you so much for joining us. and coming up, if you want to be president, you have got a looming financial disaster on one plate and now a national security crisis on the other. cia director is sending shock waves through washington but suddenly resigning over an extramarital affair. plus united states now has only one female democratic governor the quantity is embarrassing, the quality on the other hand is not. new hampshire's mag give hanson is going to end ter "the war room." and the destruction provided by hurricane sandy provided a climate change overhaul. so now what do we do? we'll pose that great to the great bill mckib bonn. it's friday night. we are just getting started. (bleep)ing hat. >> i knew he needed to get out of the house i knew this would give him so much life. >> (grunting) >> i love getting
he needs a way to say he is going to get more revenue, and john boehner needs a fig leaf too. he can't raise taxes, he needs to say i'm raising revenue, and i'm not raising taxes, they get a deal and do some sort of tax reform in 2013. >> jennifer: very interesting. thank you so much for joining us. and coming up, if you want to be president, you have got a looming financial disaster on one plate and now a national security crisis on the other. cia director is sending shock waves through...
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former spokesperson howard john boehner, a great view to be here, what kind of hurdle we talk about, expense of medicaid and health insurance exchanges that has to happen. what are the stumbling blocks to doing that? >> the calendar is moving forward even while washington held its press waiting for the outcome of this election. we are going to see now is the regulators issuing their protocols and regulation to give more form to this health care law and how is implemented and will be a busy couple months. it is 13 months from now, everyone in america will be required to have health insurance, medicaid will need to be expanded at the state level and some of these states, only a handful of these have set up their exchanges. if we are going to implement health-care reform we are behind the eightball. dagen: is that necessarily a bad things? it will be way after president obama's second term before we feel the financial impact as a nation of this expansion of health care, until we feel any kind of economic malaise from it potentially? >> don't know if that is true. a premium taxes a job k
former spokesperson howard john boehner, a great view to be here, what kind of hurdle we talk about, expense of medicaid and health insurance exchanges that has to happen. what are the stumbling blocks to doing that? >> the calendar is moving forward even while washington held its press waiting for the outcome of this election. we are going to see now is the regulators issuing their protocols and regulation to give more form to this health care law and how is implemented and will be a...
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>> they don't like obama's obama's, like harry reid are john boehner. these are the people that brought us to this point* but now they will get into roomto fix the problem they brought to was? i don't think so. the only good news december is seasol strength also 2013 we get more bearish into the year. gerri: is here any place to run and hide? >> housing stocks. gerri: they are already up. >> listen. something is going on. the nasdaq was down 80% through 2003 because interest rates stay low. short-term bonds but my big worry hitting the of financial stocks they broke down a few names as be real worried. gerri: as a result over regulation for financial's? >> of course. elizabeth warren has the senate seat wants to put the stranglehold on financial companies. we are dealing with what should be the opposite. too much government to much government spending, it has never worked in the history of time but that is the recipe and the market voted today. >> people are out there who say that is what we need. the market is not doing well, and neither is the economy
>> they don't like obama's obama's, like harry reid are john boehner. these are the people that brought us to this point* but now they will get into roomto fix the problem they brought to was? i don't think so. the only good news december is seasol strength also 2013 we get more bearish into the year. gerri: is here any place to run and hide? >> housing stocks. gerri: they are already up. >> listen. something is going on. the nasdaq was down 80% through 2003 because interest...
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Nov 13, 2012
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CNN
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boehner and nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all top choices. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things average democrats and republicans say they agree on, other, they loathe them. is there anything that should be untouchable? >> the problems are real, no easy way out. we've got to come up with at least $4 trillion of deficit reduction a
boehner and nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided...
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Nov 9, 2012
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tears on barack obama's cheeks, looking a bit like john boehner. but now they will battle. for the past four years, republicans have been super- unified, not one defector in some of the biggest fights. now, before his second term even starts, president obama is vowing to get gop allies for this fight. wbal-tv 11 news. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> some breaking news out of baltimore city. a police officer has been suspended without pay. that is according to a police department spokesperson. this is pending a criminal investigation by the fbi. the officer was assigned to the violent crime impact division. he has drawn scrutiny and other alleged misconduct cases. stay with 11 news as we monitor the story for other developments. >> baltimore police officers spend the night knocking on doors in the search for parents of a two-year-old found wandering alone. police have located the child's parents after working with child protective services. the child was found by himself along the 4
tears on barack obama's cheeks, looking a bit like john boehner. but now they will battle. for the past four years, republicans have been super- unified, not one defector in some of the biggest fights. now, before his second term even starts, president obama is vowing to get gop allies for this fight. wbal-tv 11 news. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> some breaking news out of baltimore city. a...
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. >> reporter: but house speaker john boehner rejects any hike in tax rates. he would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger deep spending cuts and tax cuts. that could mean $2,000 more in taxes for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly, another recession. boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms. >>> two weeks after the destr
. >> reporter: but house speaker john boehner rejects any hike in tax rates. he would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger deep spending cuts and tax cuts. that could mean $2,000 more in taxes for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly, another...
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last week, house speaker john boehner said that congress has ways to avert the fiscal crisis, but rewriting the tax code in two or three weeks is not one of them. lawmakers have until midnight on new year's eve to reach an agreement. the first round of meetings begins today. hurricane sandy's power-packed winds swept away sales momentum in the retail sector, especially in the car industry. prior to the storm, retail sales were edging higher. the month of september was revised up 1.3% from 1.1%. but after sandy, overall, retail sales slid .3% in october, the first dip in 3 months. automaker sales plunged 1.5%, the larget drop since august of 2011. car makers blame the storm for sluggish sales and predict a rebound in november. the national automobile dealer'' association is standing by its prediction that as many as a quarter of a million vehicles suffered damage from superstorm sandy. and as our cover story explains, many of them could be resold at auction and wind up on used car lots from coast-to- coast. the national automobile dealer'' association says despite fewer than 40,000 claims fi
last week, house speaker john boehner said that congress has ways to avert the fiscal crisis, but rewriting the tax code in two or three weeks is not one of them. lawmakers have until midnight on new year's eve to reach an agreement. the first round of meetings begins today. hurricane sandy's power-packed winds swept away sales momentum in the retail sector, especially in the car industry. prior to the storm, retail sales were edging higher. the month of september was revised up 1.3% from 1.1%....
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Nov 9, 2012
11/12
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WUSA
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. >> reporter: house speaker john boehner said republicans are willing to raise revenue but only under certain conditions. >> what matters is where the increased revenue comes from and what type of reform comes with it. >> reporter: vice president bid inis certain a solution can be found. >> we're not is going over the cliff. we're determined not to go over the cliff. i think better heads will prevail. >> reporter: finding a solution in a lame duck congress could prove complicated. and that report from the congressional budget office also said if no agreement is reached the jobless rate would go up to 9.1% next year. >> susan mcginnis in washington on a friday morning. thank you so much. here in the northeast recovery from a pair of powerful storms is slow, painful and frustrating. this morning air travel in new york is expected to return to normal following wednesday's nor'easter. the storms complicated problems by superstorm sandy. thousands remain without power or heat and can't get fuel. it's so bad doctors without borders set up its ever u.s. clinic. >> reporter: utility crews are
. >> reporter: house speaker john boehner said republicans are willing to raise revenue but only under certain conditions. >> what matters is where the increased revenue comes from and what type of reform comes with it. >> reporter: vice president bid inis certain a solution can be found. >> we're not is going over the cliff. we're determined not to go over the cliff. i think better heads will prevail. >> reporter: finding a solution in a lame duck congress could...
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Nov 9, 2012
11/12
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WBAL
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last night house speaker john boehner said he's optimistic about an agreement telling abc's diane sawer he's the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about. >> i made clear yesterday that raising tax rates is unacceptable. frankly, it couldn't even pass the house. >> at issue here, a perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it down for you. >> reporter: the campaign was tough. victory was sweet. now comes the hard part. >> on january 21st, 2013, there's going to be a massive fiscal cliff. >> reporter: so what exactly is the fiscal cliff? it's a nightmare combination of tax heights and spending cuts that congress agreed to to force themselves into a compromise but so far they haven't agreed on anything so barring a last-minute fix at the stroke of midnight on new year's eve the tax cuts expire, alternative minimum tax kicks in, more than half the fami
last night house speaker john boehner said he's optimistic about an agreement telling abc's diane sawer he's the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about. >> i made clear yesterday that raising tax rates is unacceptable. frankly, it couldn't even pass the house. >> at issue here,...
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Nov 13, 2012
11/12
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KPIX
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john boehner outlined different positions is there room for a deal. >> i think there may be because john boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or charitable contributions, property taxes and state and local taxes, we could see a deal around the itemized deductions. >> i don't want to be the grim reaper, what if they don't get a deal done, we're in trouble. >> 80 to 90% of americans are going to see their taxes increase, maybe by 3500 dollars on average, 2 grand for middle income americans. if you're a low to middle wage earner. here's what you would lose, the valuable earned income tax credit and payroll tax would go up by a couple percent. if
john boehner outlined different positions is there room for a deal. >> i think there may be because john boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the...
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Nov 13, 2012
11/12
by
CURRENT
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john boehner is signaling what he wants is to get an agreement that all the spending and all of the bush tax cuts will simply continue on after january 1st. >> eliot: i hate to sound like a broken record, but i completely agree with you. the president gains strength by waiting. i've written this. you've written this. the bush tax cuts expire of their own accord and the president is sitting there with a tax increase on the middle class but then he turns to the republicans and says lower tax taxes, and how can they vote against that. there were twin scourges that were predictedded by the deficit hawks. one, we would have rampant inflation if we had continued deficit spending, and the other that interest rates would necessarily skyrocket. neither has happened. >> quite the opposite. the yield on a ten-year treasury is below 2%. the dollar is basically a safe harbor for global sabers the united states and elsewhere because a lot of other places around the world are much more uncertain than the united states. so it is possible for the treasury to borrow at rock-bottom rates right now. there i
john boehner is signaling what he wants is to get an agreement that all the spending and all of the bush tax cuts will simply continue on after january 1st. >> eliot: i hate to sound like a broken record, but i completely agree with you. the president gains strength by waiting. i've written this. you've written this. the bush tax cuts expire of their own accord and the president is sitting there with a tax increase on the middle class but then he turns to the republicans and says lower...
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Nov 9, 2012
11/12
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CNBC
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first was john boehner today, who with drew a line not against additional tax revenue but only against the idea of raising top rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know 700 no,000 jobs would b destroyed. we also know it would slow down our economy. >> and by the same token, president obama came out in the east room, and the line he drew was not in favor of higher -- insisting on higher tax rates, it's that we need more tax revenue from people at the top. >> i'm not whetted to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. >> so the keyword for the president is balanced. but more than one way to get there. maria, just before i came on air, got a statement from the bipartisan policy center in washington, which has been urging the two sides to come together on a simpson-bowles type solution. they said they were encouraged that both president obama and speake
first was john boehner today, who with drew a line not against additional tax revenue but only against the idea of raising top rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know 700 no,000 jobs would b destroyed. we also know it would slow down our economy. >> and by the same token, president obama came out in the east room, and the line he drew was not in favor of higher -- insisting on...
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Nov 14, 2012
11/12
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CNBC
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...